Chinese Councillor and foreign ministers, Wang Yi, promised that his country would import more Indonesian products and increase investment in Indonesia, as Jakarta urged Beijing to remove barriers to make trade between the two countries more balanced - Photo by CMMIA Office

JAKARTA (TheInsiderStories) – Chinese Councillor and foreign ministers, Wang Yi, promised that his country would import more Indonesian products and increase investment in Indonesia, as Jakarta urged Beijing to remove barriers to make trade between the two countries more balanced. He delivered the statement after met with senior economic minister, Luhut Binsar Panjaitan and foreign minister, Retno Marsudi, during his two-days visit in the country.

At the meeting, both also signed a pre-feasibility study on Lambakan Dam in East Kalimantan, Cybersecurity Capacity Building, and China – Indonesia Cooperation on the “Two Countries, Twin Parks”. He also hopes that the two sides can sign the cooperation plan for aligning the Belt and Road Initiative with Indonesia’ vision of Global Maritime Fulcrum, actively press forward such key projects as the Jakarta – Bandung high-speed railway, the regional comprehensive economic corridor, tourism, agriculture and vocational education, and foster new growth drivers of digital economic cooperation.

Panjaitan appreciates China’ support for vaccines, drug development, and exchange of medical personnel with China. Wang stated, “We will work together to win this long battle against COVID-19. Building on successful Phase III clinical trials, China will advance cooperation with Indonesia on vaccine research, procurement and production, support Indonesia’ efforts to become a regional center for vaccine production, and build a global community of health for all.”

This year, the world second largest economy will take the 30th anniversary of China – ASEAN dialogue relations and work together for the early entry into force of the Regional Comprehensive Economic Partnership to unleash the benefits of the free trade area.

“We will play our role as two major littoral states of the South China Sea by working with ASEAN countries to promote the full and effective implementation of the DOC, push for steady progress of consultations on a COC, jointly work out regional rules that are effective, substantive and consistent with international law, and jointly maintain peace and stability in the South China Sea,” adds by the councillor.

He and Marsudi also had an in-depth discussion over the ASEAN Outlook on the Indo – Pacific proposed by Indonesia and got a better understanding of each other’ views. China and Indonesia are the biggest coastal states of the South China Sea.

Marsudi said, there have been several advances in cooperation, among others, like Program on Public Health Emergency Preparedness Capacity and China’ contribution to the ASEAN COVID-19 Response Fund.

Written by Editorial Staff, Email: theinsiderstories@gmail.com